Monday, July 2, 2007

CTC Teas Witnesses Good Demand

Kolkata: There was a good demand for CTC teas in all three North India tea auction centres at Kolkata, Guwahati and Siliguri in the week ended June 30. Good Assam CTC remained a strong feature seeing good support from western India markets. Medium Assams were barely steady. The highest price for Assam CTC was Rs 144. Orthodox teas saw strong enquiry at firm rates with selected tippy and liquoring sorts realising attractive prices. Darjeeling offerings saw good demand with prices following quality. Crops in North India, which had a promising start in the beginning of June, declined in the later half following inclement weather. Indian exports from January to April this year totalled 53 mkg as compared to 53.7 mkg in the same period last year.

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